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Monitoring of storage chains and storage risks concerning Bafin newsletter (6/2010) – AIFMD

This IT project is part of our digitalization and optimization of our customers’ IT landscape. Through targeted measures, we promote technological progress, optimize cross-system processes and create a sustainable basis for future developments. Our IT reference projects serve as a basis for orientation. They support the reusability of tried and tested concepts as part of project implementation.

Project duration: 1 year

Brief description

Design and implementation of an intranet application for the monitoring, display and communication of storage and market risks. The application covers the requirements resulting from the AIFMD (Alternative Investment Fund Managers Directive) guidelines of the European Union.

Supplement

Definition of interfaces, documentation of standards, standardizing of application development manuals, creation of installation instructions and configuration management activities.

Subject description

The application must have functions that meet the listed regulatory requirements in accordance with the BaFin custodian bank circular (6/2010) and AIFMD. These include: monitoring, display and communication of storage and market risks and selection criteria for the capital investment companies; monitoring and display of storage chains; provision, checking and monitoring of the necessary required documents (3-point declaration, legal opinion, etc.); checking of (sub-)storage network to avoid conflicts of interest and to check for and avoid potential storage risks; entry, evaluation and verification of due-diligence checks of the storage network.

IT project data

Project period01.02.2013 - 31.01.2014

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